Goodwill and Intangible Assets

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the carrying amount of goodwill by reportable segment for the years ended December 31, 2016 and 2015 were as follows:



	Americas Beverage			North America Food			European Beverage			European Food			Non-reportable segments			Total
Balance at January 1, 2015	$	420		$	152		$	623		$	1,347		$	129		$	2,671
Foreign currency translation	(94		)	(11		)	(51		)	(133		)	(4		)	(293		)
Goodwill acquired	618			—			—			7			—			625
Disposals	—			—			—			20			(20		)	—
Balance at December 31, 2015	944			141			572			1,241			105			3,003
Foreign currency translation	(88		)	2			(61		)	(56		)	(14		)	(217		)
Transfers and other adjustments	(36		)	36			—			5			—			5
Balance at December 31, 2016	$	820		$	179		$	511		$	1,190		$	91		$	2,791

In 2015, goodwill acquired relates to the acquisition of Empaque.

The carrying amount of goodwill at December 31, 2016 and 2015 is net of the following accumulated impairments:



	Americas Beverage		North America Food		European Beverage		European Food		Non-reportable Segments		Total
Accumulated impairments	$	29	$	—	$	73	$	724	$	150	$	976

Gross carrying amounts and accumulated amortization of finite-lived intangible assets by major class at December 31 are as follows:



	2016							2015
	Gross		Accumulated amortization			Net		Gross		Accumulated amortization			Net
Customer relationships	$	375	$	(71	)	$	304	$	410	$	(46	)	$	364
Long term supply contacts	184		(18		)	166		221		(10		)	$	211
	$	559	$	(89	)	$	470	$	631	$	(56	)	$	575

The table above excludes other intangible assets with net balances of $3 and $2 at December 31, 2016 and 2015.

Amortization expense for the years ended December 31, 2016, 2015, and 2014 was $41, $40 and $31.

Annual amortization expense for each of the five years subsequent to 2016 is estimated to be $41.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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